Showing posts with label PSPCL. Show all posts

Punjab govt’s sop to hit power corp finances hard

The latest announcement of the Punjab Government to increase the existing limit of free power being given to Scheduled Caste (SC) and Below Poverty Line (BPL) families for domestic consumption by 100 units per month is likely to increase the problems of the cash-strapped Punjab State Power Corporation Limited (PSPCL).

Since the decision taken by the state Cabinet is a policy matter, the PSPCL authorities are tight-lipped over the announcement. However, considering that the state government has not been able to pay the full amount of the advance monthly payment for free power to agriculturists, SC and non-SC/BPL domestic consumers, senior functionaries of the power corporation are “extremely worried” over the Cabinet decision.

Figures available with The Tribune reveal that the total amount of subsidy for free power for year 2011-12 was Rs 4,188.92 crore. From April to December, the state government was supposed to pay Rs 3,141.72 crore to the PSPCL. However, it paid only Rs 2,076.14 crore and a sum of Rs 1,065.58 crore was still outstanding towards it.

Notwithstanding the Punjab State Electricity Regulatory Commission (PSERC) tariff order dated May 9, 2011, the government has not been releasing the full amount of the monthly advance payment for the power subsidy (Rs 394.08 crore).

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New thermal power plants to start generation from next year


The three new supercritical thermal power plants with the total installed capacity of 3920 MWs coming up in various places in Punjab would begin generating electricity next year with the first unit of the Talwandi Sabo project of the Vedanta likely to be commissioned in November 2012.

GS Chhabra, Director (Generation) of the Punjab State Power Corporation Ltd (PSPCL) today said the second and third units of the 1980-MW Talwandi Sabo project were slated to be commissioned in February and May 2013, respectively.

A meeting of the coordination committee has been convened on August 25 to discuss the progress in construction of the project.

Chhabra said that the first unit of the 540-MW Goindwal Sahib thermal power project being constructed by the GVK Group would be commissioned in January 2013 and the second in April 2013.
The 1400-MW Rajpura Thermal Plant being built by the L&T Group would be commissioned in 2014 with its first unit going to stream in January and the second in May.

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NO SCHEDULED POWER CUTS THIS MONTH


            In what may come as a relief for the state people, the Punjab State Power Corporation Limited today released its power schedule for the month of May, as per which there will be no cuts in domestic, industrial and other sectors.

“There will be no scheduled power cuts on feeders feeding main cities, district headquarters, urban industrial category-1, UPS 3 wire, UPS 4 wire feeders and no weekly off for the industry,” reads the latest power schedule released by the PSPCL. According to senior functionaries of the PSPCL, it would be for the first time in several years that the Power Corporation was not imposing any cuts during this time of the year.

“The credit goes to team work, visionary planning and the efforts being made for proper renovation and the repair of thermal plants,” said PSPCL chairman-cum-managing director KD Chaudhri. PSPCL director (distribution) Arun Verma said: “If any power cuts are being imposed in any part of the state, it is because of the technical snag or necessary maintenance.”

As per recent figures, against the demand of 1,163 lakh units of power on April 28, the PSPCL was able to provide 1,146 lakh units. The gap of 17 lakh units was being managed through the three-hour peak load restrictions imposed on the large supply consumers. “In view of the fact that last year during summers both domestic and industrial category consumers had to face immense difficulty owing to long power cuts, this time the consumers are happy,” a PSPCL spokesman said.

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